New Orleans Like a modern version of the 12 days before Christmas, I think we could all start listing a daily beating we are taking from business, government, or both. Yesterday news came out that a fair chunk of the $26 billion settlement with banks over their home mortgage scandals and abuses with the state …
Tag: banks
Pushing Back the Banks in the Wake of Occupy
Orleans Given all of the niggling around the impact of the Occupy Wall Street movement and its impact, it is worth raising some footnotes a little higher on the tally sheet where the results are important, but perhaps unnoticed. Take these recent developments into account. Small example, but telling is that JP Morgan Chase, perhaps …
Hope for Frances Gomez and Other Foreclosure Victims
New Orleans I have often quoted a line by a former Republican OMB director that we should “never suffer from premature certainty,” and given the disaster that banks, the Treasury Department, the Bush and Obama Administrations, and the servicers have made of the housing crises and its millions of homeowner victims, I almost hesitate to …